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Estate planning is the process of preparing for the management of your assets in the event you become incapacitated or die.
Estate planning includes appointing individuals to make medical and financial decisions in the event you are no longer able to make those decisions for yourself, choosing who you want to inherit your things, appointing guardians for your minor or special needs children, reducing the uncertainties regarding the administration of your estate through probate, reducing the government’s role in the handling of your estate, and maximizing the value of your estate by reducing taxes and other expenses.
The goal of estate planning is specific to each individual and may be as simple or complex as they see fit. It’s important, however, for everyone to have a plan in place regardless of the size of their estate. Everyone should have the peace of mind that comes along with knowing your stuff is accounted for, and that there is someone who will properly manage your finances and make important healthcare decisions for you if you are suddenly unable to do so yourself.
Estate planning isn’t just Wills and Trusts. It also includes the proper transfer of property through deeds.
Contact a Wichita Falls Estate Planning Attorney
As Benjamin Franklin said, “If you fail to plan, you are planning to fail.” Everyone should have some type of estate plan in place, regardless of the size of their estate. Estate planning means protecting yourself, protecting your assets, protecting your family, and protecting your future. We’ve made it simple and easy. Contact us today to get started at 940-569-4000, or fill out our contact form to set up a free, confidential, no-obligation consultation.
